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To: DuncanWaring
"I seem to recall SS already being in the red even before this year’s “payroll tax holiday”. Since the “Social Security Trust Fund” has long been spent..."

Good point. You're technically right, the building in West Virginia that's supposed to hold the SS Trust Funds was raided years ago, but the projections were that costs wouldn't exceed revenues until 2032. Seems we're there already.

29 posted on 10/30/2011 6:02:01 AM PDT by Stajack
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To: Stajack

The projections did not allow for a depression.


36 posted on 10/30/2011 6:12:04 AM PDT by RipSawyer
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